Russia's Yamal liquefied natural gas project has obtained a loan from Chinese lenders estimated at $12 billion and denominated in euros and Chinese yuan, as indicated by sources familiar with the transaction.
read more... 29/04/2016
ScottishPower Renewables and Siemens have unveiled a transaction that is poised to be largest offshore wind contract yet seen in Europe, after signing a deal that will see the German engineering major providing 102 turbines to East Anglia ONE project.
read more... 28/04/2016
Crude oil climbed by about 3 percent on Wednesday, reaching fresh highs for 2016 as the dollar depreciated after the Federal Reserve unveiled it would leave U.S. interest rates unchanged. Front-month Brent rose by $1.44, to settle at $47.18, having touched a 2016 high of $47.45 earlier. WTI's front-month contract increased $1.29, percent, to close at $45.33 a barrel, after attaining a 2016 high at $45.62.
read more... 28/04/2016
German baseload wholesale electricity price for delivery in 2017 touched 26.5 euros ($29.97) a megawatt hour in Tuesday trading, or an increase of 7.5 percent on the day and the most elevated level thus far in 2016.
read more... 27/04/2016
Six Polish state-controlled companies have decided to invest $620 million in a newly-established state coal mining conglomerate PGG, as they stated on Tuesday, as part of an effort to save the European Union's biggest coal miner Kompania Weglowa from insolvency.
read more... 27/04/2016